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Investment Property Ripponlea, VIC, 3185

Suburb Snapshot

Ripponlea is a suburb in the Port Phillip Region of Victoria. Ripponlea has a population of 1,580 people and 42.02% of its occupants live in rental accommodation. The median listing price for houses is $2,000,000 and this has changed NA over the past year and changed NA over 2 years.

The median rent in Ripponlea for houses is $795 per week and the median rental yield is 2.06%. Stock on the market for houses/townhouses has changed 200.00% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $470,000 and this has changed -2.09% over the past year. The average unit takes 77 days to sell and the median rent for a unit in Ripponlea is $515 per week, producing a rental yield of 5.69%.

Supply & Demand in Ripponlea, Port Phillip

1.90%

Current vacancy rate


16

Rental stock available


1,580

Population


42.02%

Rental population


1.64%

Current vacancy rate


874

Rental stock available


100,866

Population


43.19%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Ripponlea, Port Phillip

  House Townhouses Units
Median listing price $2,000,000 NA $470,000
Median price change - last quarter NA NA 0.00%
Median price change - 1 year NA NA -2.09%
Median price change - 2 years NA NA -6.00%
  House Townhouses Units
Median weekly rent $795 NA $515
Median yield % 2.06% NA 5.69%
Median rent change - 1 year 7.43% NA 11.95%
  House Units
Previous month sales 4 6
Stock on market previous month 6 9
Stock variance vs. last year 200.00% 0.00%
Average days on market NA 77

Ripponlea investment property listings

Showing 5 of 13 investment properties found in Ripponlea on realestateinvestar.com.au

103/118 Brighton Rd, Ripponlea

$400,000

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First Home or perfect investment with $600/week potential in a l

Positioned on the first floor of the near-new boutique development on Brighton Road, this light-filled one-bedroom apartment delivers effortless modern living in a blue-chip lifestyle pocket. Bathed in northern sunshine, the open-plan living and dining zone flows seamlessly onto a generous ...

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Unit

VIC 3185


13/12-12A Maryville St, Ripponlea

$700,000

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Ready-to-enjoy Deco in brilliant lifestyle locale with lock up g

This renovated two-bedroom apartment in 'Somerleyton', a boutique c1937 Art Deco block of just 14, has held onto everything that makes the building special, from the manicured lawns and water feature out front to the ornate ceilings inside. In one of the area's most peaceful corners, the block ...

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Unit

VIC 3185


12/12 Maryville St, Ripponlea

$775,000

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Timeless Art Deco with Abundant North Light and Lock Up Garage

Gracious, spacious and beautifully positioned, this impressive Art Deco apartment showcases late-period charm paired with today's effortless, café-centric lifestyle. Enjoying one of the best positions in the block, this first-floor front residence is bathed in abundant northern and western light. ...

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Unit

VIC 3185


12 Los Angeles Ct, Ripponlea

$1,550,000

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A glorious prospect in a glamorous position

In the most coveted spot of this most celebrated court, this superbly proportioned three bedroom solid brick classic is the ideal single level canvas to renovate with Hollywood inspiration. Grand in volume with its high ceilings and huge rooms, this exciting project home reveals an impressive ...

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House

VIC 3185


10/205-207 Hotham St, Ripponlea

$0

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Stylish two-level living in a boutique setting

EXPRESSIONS OF INTEREST CLOSING Monday 1st June 5:30pm Positioned peacefully at the rear of a boutique block of just ten, this stylish townhouse-style apartment delivers a spacious, low-maintenance lifestyle in a highly sought-after setting. Set across two light-filled levels, the ground floor ...

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Townhouse

VIC 3185


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